On-chain silver rose 5.2% intraday, and the "biggest long position in silver" recovered its losses with a floating profit of $470,000.

According to Mars Finance, on March 10th, Hyperinsight monitoring showed that the price of SILVER (silver) on Hyperliquid rose 5.2% in the past 24 hours, currently trading at $88.17. The largest long position in silver held by a whale(0x63c) that bought at the high on February 28th has finally turned a profit today after a week of repeated day trading to average down its cost, with a floating profit of $470,000 (13.5%), a single-day profit of approximately $500,000. Currently, it holds a 3x leveraged long position in SILVER, with a position size of $8.3 million and an average price of $83.16, making it the largest long position in silver on the blockchain. In addition, this address also holds a 3x leveraged long position in GOLD (gold), with a size of $3 million and an average price of $5093.